Happy Father’s day!

Angelo here!

Hope y’all been having a great weekend so far. I spent the entire day cooking for my dad, going to church and beating him at pickleball.

The American dream.

If you’re a father reading this, hope you had a great one.

The world is built on the back of strong fathers, I don’t know where I would be without mine!

Back to business. It was kinda an insane week….


- Middle east is raining missiles
- Top 5 wealth killers
- Stoicism cheatsheet

Read time: 3 min 30 seconds

📉 Market Recap

It truly is a weird world we live in….

One step closer to black mirror and the markets reflect that!

• S&P 500: -0.5%

• Nasdaq-100: -0.7%

🤺 Middle East Tension Ramps Up

• Israel launched strikes on Iran’s nuclear facilities after receiving intelligence that showed Iran getting closer to developing nuclear weapons

• Iran fired back with hundreds of ballistic missiles.

• Everyone expected this to tank the market — but stocks barely flinched.

• Oil prices, however, did surge:

  • Crude Oil ETF ($HUC): +8.3% this week

• Defense stocks like Lockheed Martin ($LMT) jumped as tensions escalated.

• Investors are still mostly buying the dip — but if things continue to escalate, it could get ugly

Prayers out to everyone who are or have any family that affected. It’s a sad to see so much war and civil unrest in the world lately.

Daily reminder to cherish your loved ones and to always count your blessings.

🚗 Tesla Pops After Elon Apologizes to Trump

• Tesla stock soared +14% after Elon publicly apologized to Trump, easing political tensions between the two.

• Traders are theorizing that this is Elon playing both sides politically to protect Tesla if Trump returns to office

Here’s the tweet that helped move the stock:

🍎 Big Tech Headlines

Apple slid after AI reveal

• Apple stock dropped -4% after its AI announcements at WWDC underwhelmed Wall Street.

• I’m personally disappointed in Apple YET AGAIN……

Meta betting big on AI

• Meta is finalizing a $14B investment into Scale AI to compete directly with OpenAI.

Quantum stocks spike

• Nvidia’s CEO called quantum computing an “inflection point,” sending quantum-related stocks soaring.

I dont know about y’all, but I’m investing HEAVILY into AI…..

📉 Inflation Keeps Cooling

• Core CPI rose just +0.1% in May.

• Year-over-year core CPI is now at 2.8% — lowest in years.

• Prices fell for airfare, hotels, cars, apparel, and eggs.

  • Which is weird because it doesn’t feel like it….

• Markets are pricing in better odds for Fed rate cuts later this year.

💰 Wealth Tip of the Week

When people think about building wealth, they focus on how to make more money.

But the real danger is usually what’s silently draining your money in the background.

Here are the top 5 wealth killers you need to avoid if you actually want to stay rich:

1️⃣ Divorce

• 40–50% of first marriages end in divorce. Second and third marriages? Even worse.

• A divorce can cost you $20K+ upfront — and up to 50% of everything you own.

• Legal fees, splitting retirement accounts, selling homes, and business valuations all add up fast.

• Be intentional with who you marry. Have money conversations early. And don’t be afraid to consider a prenup.

2️⃣ Buying Expensive Cars

• The average new car payment is now $738/month.

• Cars lose 10–15% of value the second you drive off the lot.

• Buy used (3–5 years old) to let someone else eat the depreciation.

3️⃣ Sitting On The Sidelines (Not Investing)

• Waiting for the “perfect time” to invest costs you way more than riding out market dips.

• Missing just 10 of the best days in the market can cut your gains by 50% or more.

• Stay consistently invested. Market timing almost never works.

4️⃣ Ignoring Inflation

• Prices rarely go back down. Your money loses value sitting in cash.

• Adjust your budget yearly, negotiate raises, and invest to outpace inflation.

5️⃣ Bad Debt

• High-interest debt is one of the fastest ways to kill your financial future.

• Average credit card APR is now 22.6% — meaning $10K in credit card debt costs ~$187/month just in interest.

• Keep total debt payments under 35–40% of your gross income. Avoid bad debt like the plague.

🧵 Thread of the Week

Stoicism saved my life.

I was in a pretty bad place mentally/physically a couple years ago and the one thing that really helped me was getting into philosophy.

Although I gotta give credit to the Buddhist books I read, the books about the stoics were the most profound.

Give this thread a read!

PS. I have #8 tattooed on my leg!


See y’all next week 🫡

- Angelo Castillo

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